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People like Fleetwood, are the reason republicans have a plethora of examples to choose from when arguing “poor people deserve to be poor”.
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Apr 6, 2020 22:02
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Fleetwood Crack posted:Just so you know, if you enter a digit wrong it doesn't go through. It's not like the money gets sent somewhere else, it simply doesn't get sent. Bitcoin is very resistant to typos because the addresses contain a built-in check code. So if you had simply mistyped a few of the letters or numbers in the address, it's extremely unlikely the client would let you complete a transaction with an incorrect address. You'd have to paste in another working address. Lol, oh so wrong. I once did exactly this.
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Apr 22, 2020 00:37
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tak posted:
I find this part the most funny and ironic
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Apr 23, 2020 03:36
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It’s fascinating how FC admits he doesn’t know anything about finance or investing, yet immediately has the hubris to think he’s the smartest one in the room on said subject. Is there a general psychology term for this sort of phenomenon?
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Apr 29, 2020 21:36
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Then why do you think you’re the most knowledgeable about finance and investing in here? I’m genuinely curious. Is it just plain old Dunning–Kruger? You seem smart enough to have at least this level of introspection?
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Apr 29, 2020 21:51
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Fleetwood Crack posted:
Your posts are authoritative in tone, it seems very incongruent. Ahhhh, last sentence explains it.
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Apr 29, 2020 21:57
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FC, have you explained yet why you don’t actually hold bitcoins if they are so great? Your coin base buys are not bitcoins.
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May 1, 2020 00:29
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Fleetwood Crack posted:I trust Coinbase at least as much as I trust my bank. It's good enough for me considering the small quantity of btc I currently have. If I had $10k+ in btc I'd store it in a cold wallet at a secure location. This doesn’t answer the question- why did you not buy bitcoin directly?
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May 1, 2020 02:02
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Fleetwood Crack posted:I can send my btc to my phone or a cold wallet at any time of my choosing. I bought from Coinbase because we're in the middle of a pandemic, which makes face to face meetings more difficult. I live in a city and don't own a car. This makes no sense. You think the only way to get actual bitcoin is face-to-face?
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May 1, 2020 03:13
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Fleetwood Crack posted:Not the only way, obviously. Just my preference. I'm a social person, I enjoy meeting like-minded people and talking to them about shared interests. An in person trade is an opportunity to do that. Say why you used coinbase instead of buying actual bitcoin online. You’re dancing around the question.
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May 1, 2020 03:38
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Why don’t you buy actual bitcoin and report back? Then you can claim a semblance of knowing what you’re talking about. The irony is “the way of the future” is actually inconvenient as gently caress and one of the simplest, comprehensible reasons bitcoin will die.
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May 1, 2020 21:15
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Fleetwood Crack posted:The early internet was also extremely inconvenient, confusing, and user-unfriendly. It too was decried as a wild west for criminals and pornographers. The internet evolved and people learned and adapted. The same will happen here. But the advocates actually used the thing they were advocating... Buy the bitcoin and back your words with action. Sounds like it would be a good mod challenge.
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May 1, 2020 21:28
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Fleetwood Crack posted:When every state and most nations have legal weed (and eventually other drugs like shrooms), very few people will bother using darknets and crypto to buy them. Lol, then bitcoin goes bye-bye
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May 1, 2020 22:14
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Can anyone link their favorite bitcoin shutdown arguments? I want to be able to reply to bitcoins idiots in my personal life succinctly and without effort.
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May 5, 2020 20:52
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Methylethylaldehyde posted:"Bitcoin uses more energy than Demark, and half of that is used to aid and abet fraud, extortion, child pornography, terrorism, and drug sales. If you're into that kind of thing, have you heard of the wonderful world of conflict minerals? There are some very good prices on diamonds and cobalt from some nice gentlemen in the Congo you might be interested in." I like this quite a bit
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May 5, 2020 21:11
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vortmax posted:There can only ever be 21,000,000 bitscoin! Except for that one time when someone created billions out of nowhere. And the miners could change their minds and make more buttcoins after the 21M limit. But they won't because reasons. Could you elaborate on this? Genuinely curious, as most BTC research (Web searches) is impeded by “pump” marketing/true believer bullshit.
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May 7, 2020 20:40
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So is a 51% attack basically Means forcing a fork?
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May 8, 2020 05:49
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Does each fork double the number of “unmined” coins, as things are now being solved redundantly down each fork?
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May 9, 2020 02:15
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Is there a defined “who” for the cabal of miners who dictate the rules?
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May 9, 2020 03:01
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CampingCarl posted:In theory anyone can mine with the software and it was intended to be decentralized and run on lots of people's computers. The network adjusts the difficulty of finding a block to how fast the last X blocks were found to keep the rate consistent. So for example if you double the rate of mining eventually it will be twice as difficult to mine. CPU and ASIC miners came out and eventually centralized into larger industrial mining farms with massive power requirements which made it impractical for consumer hardware to contribute. Of course if price of bitcoin is greater than the electricity to mine it it is profitable for miners to add more power, increasing energy usage even though the ledger for bitcoin itself could be run on a solar powered calculator. I basically get that part, but who dictates which fork is legitimate?
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May 9, 2020 03:42
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Sounds like true anarchists just want to live in a swingers commune. They should do some cross-advertising with Sandals Jamaica.
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May 11, 2020 05:01
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Apparently, Today someone moved 40BTC that was mined in the first 30 days of bitcoin going public. Seems like this could be sign that things are going to get quite interesting for btc.
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May 20, 2020 23:57
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I remember reading an excellent blog post about tether and bitfinex and thought I found it here. Anyone know what I’m talking about?
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Jul 27, 2020 23:23
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ghosTTy posted:Author is being disingenuous when he uses Tether and Stablecoins interchangeably. The majority of stablecoins are not like Tether; decentralized, transparent and backed by on-chain collateral. What's with nocoiner journalists and their dishonesty? How does that affect the argument about tether at all? How does your “fact” have any relevance whatsoever?
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Jul 28, 2020 20:29
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divabot posted:the very best one is Patrick McKenzie's: That’s the one!
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Jul 28, 2020 20:31
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ghosTTy posted:
Already addressed: https://www.designboom.com/architecture/post-jcpoa-tower-crypto-park-water-theme-park-cryptocurrency-mining-tehran-iran-06-01-2019/ Funny how it’s all happening in Iran, the last bastion of technology, innovation and reliable reporting. Flowers for QAnon fucked around with this message at 02:01 on Jul 30, 2020 |
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Jul 30, 2020 01:58
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Slumpy posted:
How many of them actually cashed out and weren’t theoretical gains?
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Aug 4, 2020 18:29
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Those are all theoretical. You proved my point 
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Aug 4, 2020 18:41
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Aug 4, 2020 21:49
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Slumpy posted:I'm seeing a buncha arguments in this thread. You linked that in a DIRECT response to me. Stop being disingenuous
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Aug 4, 2020 21:50
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Slumpy posted:
Seems like habitual liars sure like bitcoin. I didn’t erase any posts, kid.
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Aug 5, 2020 01:59
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Definitely Serph
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Aug 6, 2020 01:55
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Donovan Trip posted:completely reinvent ID, finance, insurance, and commerce within 5 years, but I don't think y'all would get it Haven’t you smooth-brains been saying that for over a decade?
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Dec 26, 2020 05:45
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wide stance posted:I like how this can't happen because any half-baked client will set the fee automatically based on the state of mempool, or if it's crazy enough to let the user do it will have basic programming 101 sanity checks. It’s always funny when bitcoiners say “X can’t happen for reasons” when X has already occurred multiple times in real life.
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Dec 26, 2020 20:26
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TruthAboutTether posted:The idea that tether will cause Bitcoin to collapse is one of those half-baked conspiracies that is an unholy spawn born from parents of paranoia and shitcoin propaganda. There was a lawsuit here in the US where one of the gov agencies, I forget which, sued bitfinex (who issues tether) for issuing unbacked tether loans to itself. Yeah, that court case is still going on. The SDNY is going to wreak them.
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Dec 29, 2020 22:25
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Any thoughts on the idea of shorting MicroStrategy?
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Jan 25, 2021 03:25
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Ad by Khad posted:US govt had no problem at all freezing and then seizing and then auctioning Ross's 6 digits of bits coin They always say “you can’t do X”, when X has already occurred numerous times and is common knowledge. Smooth brains
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Jan 25, 2021 22:09
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xtal posted:They seized them first, and it actually was incredibly difficult. Not only technologically, but because the agents kept stealing the coins. They seized them, then froze them, they didn’t freeze them then seize them. Checkmate. -A Brain Genius
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Jan 25, 2021 23:42
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xtal posted:Do you not see why the difference is important? Explain why the difference is important in the case you suggested. Re: political dissidents
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Jan 25, 2021 23:50
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xtal posted:Seizing before freezing means you need to take control of the currency (such as through physical access and coercion). With conventional centralized currencies Mr. Banker can freeze your assets with a mouse click at any time. Who do you think tells the Mr. Banker to freeze assets? It’s the same people that will just directly seize your poo poo. Mr. Banker can’t freeze your yacht with a mouse click. Surely won’t stop the Gov from seizing it.
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Jan 26, 2021 00:08
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